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When the exchange rates of pesos per dollar is set above the equilibrium rate (more pesos per dollar than is determined by demand and supply)
When the exchange rates of pesos per dollar is set above the equilibrium rate (more pesos per dollar than is determined by demand and supply) Group of answer choices peso is undervalued Mexico's imports from other countries will be cheaper Exports and imports are unaffected
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Microeconomics Theory and Applications
Authors: Edgar K. Browning, Mark A. Zupan
12th edition
9781118920060, 1118758870, 1118920066, 978-1118758878
